Brautzsch, Hans-Ulrich; Günther, Jutta; Loose, Brigitte; … - In: Research Policy 44 (2015) 3, pp. 623-633
results in a production, value added and employment effect that amounts to at least twice the initial financing. Overall, the …–output model, the paper analyzes the macroeconomic effects of R&D subsidies on employment and production in the business cycle …During the economic crisis of 2008 and 2009, governments in Europe stabilized their economies by means of fiscal policy …